Kalyan Jewellers Reports 64% Rise in Q2 Net Profit to ₹427 Crore; Shares Gain Over 7%

Mumbai, November 12: Kalyan Jewellers India Limited has disclosed the publication of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, in newspapers. The company informed stock exchanges about the publication on November 12, 2026, following its financial results announcement on November 10. The jewellery retailer reported a 64% year-on-year increase in consolidated net profit to ₹427 crore during Q2 FY27, compared with ₹260.51 crore in the same quarter of the previous financial year. Revenue from operations rose 31% to ₹10,323 crore, reflecting growth in the company’s jewellery retail business.

Kalyan Jewellers Reports Strong Q2 FY27 Revenue and Profit Growth

Kalyan Jewellers recorded consolidated revenue from operations of ₹10,322.62 crore during the September 2026 quarter, compared with ₹7,856.03 crore in Q2 FY26, representing year-on-year growth of approximately 31.4%. Total income increased to ₹10,400.65 crore from ₹7,907.44 crore in the corresponding quarter last year. Consolidated net profit rose to ₹427.10 crore, compared with ₹260.51 crore a year earlier, marking growth of approximately 64%. The quarter’s results also included an exceptional gain of approximately ₹73.46 crore from the sale of investment land, which contributed to reported profitability. For the first half of FY27, Kalyan Jewellers reported consolidated revenue of ₹20,912 crore, an increase of 38% from ₹15,125 crore in the corresponding period last year. Net profit for H1 FY27 increased 48% to ₹776 crore, compared with ₹525 crore in H1 FY26. On a standalone basis, the company’s India business reported revenue of approximately ₹9,007 crore during Q2 FY27, while profit after tax increased 62% to ₹424 crore. The results reflect higher sales across the jewellery business, supported by the company’s retail operations and demand during the reported period.

Stock Market Snapshot

Kalyan Jewellers share price witnessed buying interest during the morning trading session on November 12, 2026. Based on the supplied intraday chart, the stock was trading at approximately ₹712 around 10:47 AM IST, compared with a previous closing reference level near ₹663.50. This indicates an approximate gain of ₹48.50, or 7.31%. The stock began the session near ₹667 before moving higher during the opening trading period. Around 9:15 AM IST, the share price climbed sharply towards ₹690 and subsequently crossed ₹695. The stock continued its upward movement through the morning session, moving above ₹700 around 10:00 AM IST. Buying interest remained visible during the subsequent trading period, with the share price reaching approximately ₹713 before trading near ₹712 towards the end of the supplied chart.

About Kalyan Jewellers India

Kalyan Jewellers India Limited is an Indian jewellery retail company headquartered in Thrissur, Kerala. The company operates a network of jewellery showrooms across India and international markets, offering gold, diamond, precious stone and other jewellery products. Its retail operations cater to customers purchasing jewellery for weddings, festivals, personal use and other occasions. Kalyan Jewellers has an established presence in the Indian organised jewellery retail market and continues to operate across domestic and international locations. The company’s shares are listed on the BSE under code 543278 and on the National Stock Exchange under the symbol KALYANKJIL.

Conclusion

Kalyan Jewellers reported strong growth in its September quarter financial performance, with consolidated net profit increasing 64% to ₹427 crore and revenue rising 31% to ₹10,323 crore. The company’s first-half results also showed higher revenue and profitability compared with the previous financial year. While the reported quarterly profit benefited partly from an exceptional gain, the increase in revenue reflects growth in the underlying jewellery retail business. Shares traded higher during the November 12 morning session, with investors continuing to assess the company’s financial performance and business outlook ahead of the wedding and festive demand period. Future performance will depend on jewellery demand, gold price movements, store productivity and the company’s ability to sustain sales growth across its retail network.

Source: 

• https://www.nseindia.com/get-quote/equity/KALYANKJIL/Kalyan-Jewellers-India-Limited